Compass Group’s “Buy” Rating Reaffirmed at Nomura (CPG)
Compass Group (LON:CPG)‘s stock had its “buy” rating restated by research analysts at Nomura in a report released on Monday, AnalystRatings.Net reports. They currently have a GBX 1,055 ($17.02) target price on the stock. Nomura’s price target would suggest a potential upside of 24.19% from the stock’s previous close.
CPG has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Compass Group (LON:CPG) in a research note to investors on Friday. They now have a GBX 950 ($15.33) price target on the stock. Separately, analysts at Shore Capital Stockbrokers reiterated a “hold” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. Finally, analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Compass Group (LON:CPG) in a research note to investors on Thursday. They now have a GBX 850 ($13.71) price target on the stock. One analyst has rated the stock with a sell rating, eleven have assigned a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Buy” and an average target price of GBX 911.35 ($14.70).
Shares of Compass Group (LON:CPG) opened at 847.5001 on Monday. Compass Group has a 52 week low of GBX 670.50 and a 52 week high of GBX 917.00. The stock has a 50-day moving average of GBX 866.1 and a 200-day moving average of GBX 857.0. The company’s market cap is £15.577 billion.
Compass Group PLC is a holding company and operates in North America, Europe & Japan and Fast Growing & Emerging markets.
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